Fifth Wall Ventures raises $212m

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Fifth Wall Ventures has raised $212 million for its Fifth Wall Ventures, per a SEC filing. The Los Angeles-headquartered firm began fundraising in 2016 with a $150 million target.

Investors that committed to Fifth Wall Ventures include the CBRE Global Investors, Prologis and the Lennar Corporation.

The fund will target venture capital opportunities in real estate technology sectors in the United States.